https://www.taxtmi.com/caselaws?id=381359 The Tribunal held that the penalty imposed under Section 271(1)(c) of the Income-tax Act was not sustainable due to the defective show cause notice that failed to specify the charge against the assessee. Relying on judicial precedents emphasizing the necessity of specific charges in penalty notices, the Tribunal favored the assessee and canceled the penalty, allowing the appeal. The order was pronounced on 7th June, 2019. en-us Fri, 07 Jun 2019 00:00:00 +0530 Mon, 10 Jun 2019 06:12:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=381359 The Tribunal held that the penalty imposed under Section 271(1)(c) of the Income-tax Act was not sustainable due to the defective show cause notice that failed to specify the charge against the assessee. Relying on judicial precedents emphasizing the necessity of specific charges in penalty notices, the Tribunal favored the assessee and canceled the penalty, allowing the appeal. The order was pronounced on 7th June, 2019. Case-Laws Income Tax Fri, 07 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=381359